Boss Project - Exploration Results

Boss Exploration Results:
Thirteen large zones of copper-gold-platinum-palladium-silver mineralization have been located in a zone of altered (coarse grained dolomite) sedimentary rocks that has a strike length of 14,000 feet.  The alteration of the limestone is related an intrusive that underlie the southwest part of the property.  In several places, the edge of the altered zone is defined by a shallow east dipping thrust fault.  The 14,000 foot alteration zone has been affected by post mineral faulting and occurs in three separate structural blocks.

The Boss Block:
This block contains 9 areas of mineralization (including the Boss Mine, Platina Mine, Boss Extension, Boss #2) in a zone of coarse grained dolomite alteration that is approximately 2,600 feet long, ranges from 700 to 1,000 feet wide with a minimum vertical dimension of 450 feet.  The mineralized zones typically contain higher-grade replacement style mineralization within a broad zone of lower-grade porphyry style mineralization. The horizontal and vertical dimensions extent of these 9 zones has not been defined.   

Continuous channel sampling across the interpreted width of the mineralized zone on different levels in the Boss Mine and the Oro Amigo Mine has yielded the following weighted average grades:

Oro Amigo Block:
This block measures approximately 2,500 feet long and up to 500 feet wide.  The largest zone of copper-gold-platinum-palladium-silver mineralization is the former Oro Amigo mine.  The broad intervals of copper-gold-platinum-palladium-silver mineralization and numerous mineralized jasperoid outcrops are hosted in coarse grained dolomite.  Continuous channel sampling in these working is shown above.  The mineralized intervals are open and require additional sampling.

The Oro Amigo working consists of five levels.  To date the three upper levels have been mapped and sampled.  The results from the recently completed sampling program will be released upon receipt thereof. Two grab samples from the third level yielded up to 6.0% copper, 3.42 g/t gold, 0.37 g/t platinum, 0.59 g/t palladium and 60.7 g/t silver.  The fourth and fifth levels of the Oro Amigo mine have not been mapped and systematically sampled.

 Additional sampling of the Lower level was completed in an attempt to locate the limits of the mineralization outlined by the previous sampling.  The analytical results for this sampling program are pending.  A recent mapping and sampling program indicates that the third level consists of two drifts, each 12 metres long.  Visible oxide copper mineralization hosted in coarse grained dolomite was observed throughout the two drifts on the third level.  On surface, numerous mineralized jasperoid outcrops occur along the trace of a low angle east dipping thrust fault over a 500 metre strike length. This thrust fault is exposed in the floor of the portal in the Lower level.   Oxide copper mineralization has now been traced on surface over a distance of 400 metres.  

Ironside Block:
The former Ironside Mine is located approximately 4,300 feet northeast of the Boss Mine and consists of five levels which have not been systematically sampled. The results of the limited sampling completed on this zone are shown in the table below. The northwest edge of the alteration zone in this block is defined by a shallow east dipping thrust fault. 

The weighted average grade of all channel samples taken from 10 of the mineralized zones are:

Zone	# of Channels	copper (%)	gold (g/t)	platinum ( g/t)	palladium (g/t)	silver ( g/t)
Boss	111	1.27	1.01	0.18	0.55	9.48
Boss #2	15	1.84	1.14	0.36	0.55	7.48
Platina	4	1.08	0.03	0.01	0.01	1.32
Ironside	3	3.20	2.95	0.31	0.37	30.86
Oro Amigo	28	1.60	0.63	0.19	0.22	2.65
Showing #1	4	1.84	0.60	0.01	0.02	10.19
Showing #2	4	0.30	0.08	0.01	0.01	1.34
Showing #3	3	1.65	0.17	0.01	0.02	3.78
Showing #4	4	0.89	0.18	0.01	0.02	2.55
Showing #5	2	0.13	0.49	0.01	0.01	0.95
Average	178	1.37	0.90	0.18	0.44	7.90

Keystone Thrust area:
The Keystone Thrust Fault hosted two former high-grade gold mines (historical average grade of 1 ounce of gold per ton).  Rock chip and channel sampling along the surface trace of the Keystone Thrust Fault; a major regional structure in the Goodsprings Mining District has outlined three areas of strong gold-arsenic values over a distance of 4 kilometres.   Limestone and dolomite intruded by variably altered granite porphyry are exposed along the entire length of the Keystone Thrust within this portion of the property.

The first area, measures approximately 300 metres long by 50 metres wide and trenching across the strike of the altered granite porphyry exposed in the Keystone Thrust fault returned the following results.

Sampling of Jasperoid outcrops in the hanging wall above the Keystone Thrust above the altered granite porphyry returned gold values of between 0.03 and 26.6 g/t gold.  

The second area measures approximately 600 metres by 150 metres and four of the 11 samples taken returned gold values from 0.10 to 10.50 g/t gold and from 21 to 3,620 ppm arsenic (As).  The highest Au-As values were found in jasperoid. 

The third area is approximately 300 metres by 150 metres and contains gold values ranging from 0.08 g/t to 4.61 g/t Au and As values ranged from 39 to 2,940 ppm.  The highest gold values (4.61 g/t over 0.6 metres and 1.80 g/t over 1.4 metres) occur within limonitic brecciated dolomite.

Keystone Drilling:
The first area was diamond drilled in 2006 to confirm the extension at depth of the oxide gold mineralization previously identified by trenching.  The gold mineralization is hosted in altered granite porphyry and occurs as a linear-shaped, steeply dipping, northwest trending zone that is at least 550 feet long and averages 78 feet in estimated true thickness. The zone has been tested to a depth of approximately 200 feet is open and laterally pinches out to the southeast but is open along strike to the northwest.  

A calculated weighted average (uncut) grade for this zone is 0.80 g/t Au with a higher-grade portion averaging 1.03 g/t.   Narrow intervals ( 1.0 metre or less) of higher-grade gold mineralization ranging from 6 g/t to 151g/t were intersected by the drilling.  The weighted average grade for the mineralized intervals from the diamond drill hole results are:

Conclusions:
The drilling completed in the first area suggests that this area displays all the key criteria necessary to form a bulk-mineable oxide gold deposit. The drilling program has confirmed the grade and thicknesses as well as demonstrated continuity of the gold mineralization to the northwest.   The results of a geophysical survey support the interpretation that this zone extends to the northwest along the Keystone Thrust Fault.

Breccia Pipes:
This target is described as a heterolithic and clast supported breccia.  The high concentrations of molybdenum (Mo) and bismuth (Bi) suggests this could be the surface expression of a leached breccia pipe.  Mineralized breccia pipes are known to occur throughout the Robinson Mining District.

Nineteen chip and float samples were collected over an area of approximately 1,200 feet by 700 feet.   The geochemical signature for this zone is Cu-Pb-Zn-Ag-As (+/- Au).  These rock samples contain significant (from 1 to 597 ppm) concentrations of molybdenum.  The base and precious metal values for these samples ranged from 0.02% to 1.3% for copper, from 0.01% to 12.3% for lead, from 0.04% to greater than 30% for zinc and from 0.7 to 711 parts per million (‘ppm”) for silver.  Gold values ranged from trace to 0.51 grams/tonne.